WSJ's Timiraos says "Early estimates of the May PCE number (following the Thurs release of May PPI and the CPI on Wed) point to a firm core m/m reading that rounds up to 0.4%. Market-based core was milder"

Newsquawk StaffPublished 11 Jun 2026, 13:34 UTCOn the live feed at 13:14 UTC — 13 more headlines followed before this page went public

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13:19

ECB President Lagarde (Q&A) says we are not in an environment is which growth is absent or under threat

13:15

ECB President Lagarde (Q&A) says policymakers did not discuss the neutral rate, nor the range of neutral

13:14

WSJ's Timiraos says "Early estimates of the May PCE number (following the Thurs release of May PPI and the CPI on Wed) point to a firm core m/m reading that rounds up to 0.4%. Market-based core was milder"

13:13

Analyst Core PCE Forecasts: Pantheon Macroeconomics estimate the core PCE deflator increased by 0.38% in May, lifting the inflation rate to 3.4%, from 3.3% in April

13:12

ECB President Lagarde (Q&A) says that they are confident that they are not currently seeing second-round effects, when asked if elevated services inflation was evidence of 2nd round effects

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"Portfolio management and airfares (which come from the PPI) have widened the CPI-PCE wedge in May. I will post the cheat-sheet table later."

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